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LoopUp

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uuid00039or

Namestring
LoopUp
Legal namestring
LoopUp Limited
Websiteurl
loopup.com
Company typeenum
Public
Founded yearint
2003
Descriptiontext

LoopUp is a UK-headquartered cloud communications provider that delivers Microsoft Teams telephony services to multinational enterprises across more than 100 countries. Founded in 2003 and listed on AIM in 2016 (subsequently delisted), the company has executed a strategic pivot away from legacy audio conferencing toward consolidating enterprise PSTN replacement onto the Microsoft Teams platform. Its core product suite includes Operator Connect (Microsoft-certified SBC-less connectivity), Direct Routing as a Service (DRaaS), Bring Your Own Carrier (BYOC), and SIP Trunking, all administered through a unified global management portal called LoopUp One.

The underlying technology leverages a private global IP/MPLS voice network with peerings to 20 tier-1 regional carriers for QoS-optimized routing. LoopUp holds Microsoft Solutions Partner status with Advanced Specialization in Calling for Microsoft Teams and is the top-ranked Operator Connect provider per Microsoft. The company operates six offices across the UK, US, Australia, Hong Kong, and historically Barbados, with localized sales presence in Germany, France, Spain, Sweden, Australia/NZ, and both Traditional and Simplified Chinese markets.

LoopUp generates revenue through recurring subscription-based telephony services priced per user/number, supplemented by professional services for design, deployment, and onboarding. The go-to-market is direct enterprise field sales targeting large multinational IT and finance decision-makers, with quote-based pricing tailored to geographic footprint and volume. The customer base is concentrated in enterprise multinationals across manufacturing, commercial real estate, staffing/recruitment, and consumer goods, with named logos including Thyssenkrupp, Avison Young, Allegis Group, and PUMA. The company is led by co-CEOs and co-founders Steve Flavell and Michael Hughes.

Short descriptiontext

LoopUp provides cloud-based Microsoft Teams telephony consolidation for multinational enterprises across 100+ countries, offering Operator Connect, Direct Routing, BYOC, and SIP Trunking managed through a unified global portal.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersLondon, United Kingdom
HQ citystring
London
HQ countrystring
United Kingdom
HQ regionstring
Europe
Markets served

Serves global market

Offices7 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
cloud telephony services, Microsoft Teams telephony, unified communications, PSTN replacement, enterprise voice solutions
Industry2 codes
1Management & Automation for Switching (Provisioning/Telemetry)
CodeHDAFAAAKPrimaryYes
2Collaboration Security for Chat & Messaging (Teams/Slack)
CodeHDADAKAFPrimaryNo
NAICS code2 codes
  • Wired Telecommunications Carriers517111
  • Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services51821
SIC code3 codes
  • Telephone Communications (No Radiotelephone)4813
  • Communications Services, Nec4899
  • Services-Telephone Interconnect Systems7385
Product category
Cloud Telephony / Unified Communications
Social media profiles3 records
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model2 records
1Microsoft Teams Telephony Services
TypeSubscription Recurring
Description

Subscription-based cloud telephony services providing PSTN replacement via Operator Connect and Direct Routing, including phone numbers and call management in 100+ countries. Revenue is generated through recurring subscription charges, likely per-user or per-number pricing.

loopup.com
2Professional Services
TypeProfessional Services
Description

Design, deployment, and onboarding services for Teams Phone implementation, including call-flow design, policy configuration, third-party software integrations, and user device planning.

loopup.com
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Technology or R&D, Infrastructure, Personnel, Marketing or Sales, Operations
GTM typeB2B
B2B
Offering typeSoftware
Software
Brand1 of 2 records shown
1LoopUp One
Description

Global management portal for managing all global telephony numbers and users in one place with role and location-based access

loopup.com
+1 more record
Core offering1 text field

LoopUp provides cloud-based Microsoft Teams telephony as a single global PSTN replacement service for multinational enterprises, delivering phone numbers and calling capabilities in 100+ countries through Operator Connect and Direct Routing as a Service (DRaaS). The offering is managed centrally through the LoopUp One portal and includes design, deployment, and ongoing 24/7 multilingual support. It also offers Bring Your Own Carrier (BYOC), SIP Trunking, call recording, and contact centre integrations.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 3 values shown
  • Equipment savings by moving to the cloud, along with efficiencies and productivity gains
+2 more records
Product overview1 text field

LoopUp is a global cloud-based Microsoft Teams telephony provider offering a unified, single-partner solution for multinational enterprises. The core offering is Microsoft Teams Telephony — a PSTN replacement service providing phone numbers and full cloud-based calling in over 100 countries. This is delivered through multiple deployment methods: Operator Connect (Microsoft-certified direct routing), Direct Routing as a Service (DRaaS), and Bring Your Own Carrier (BYOC) for hybrid environments. Central to the offering is LoopUp One — the global management portal enabling centralized administration of all telephony numbers, users, reporting, and invoicing from a single interface. Additional products include SIP Trunking, Call Recording, and Contact Centre integrations. The portfolio also features GlobalPooling for spend optimization across global users. LoopUp positions itself as a 20-year-old telecommunications provider with deep voice solutions expertise, operating a premium global voice network leveraging 20 tier-1 carriers.

Product and service1 record
1Microsoft Teams Telephony
Scale indicator4 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeTechnology or Integration
Description

LoopUp is a certified Microsoft Solutions Partner for Modern Work with Advanced specialization in Calling for Microsoft Teams. The company is top-ranked Operator Connect provider and offers both Operator Connect and Direct Routing (DRaaS) integration with Microsoft Teams. This partnership enables LoopUp to provide PSTN connectivity via Microsoft's certified infrastructure, eliminating the need for on-premises SBCs for customers.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

BT is a major global carrier offering Teams-integrated telephony through Operator Connect and Direct Routing, competing for the same multinational enterprise consolidation mandates that LoopUp targets, with deeper owned network infrastructure.

TypeBroad incumbent
Description

Vodafone Business delivers global UC, SIP, and Teams telephony services to multinationals. As a top-tier Operator Connect provider with its own carrier network across Europe, Africa, and Asia, it is a direct competitor for LoopUp's multinational consolidation deals.

TypeBroad incumbent
Description

Verizon offers Teams Calling via Operator Connect and broader managed communications for global enterprises. Its combination of owned network assets and large enterprise sales force makes it a key incumbent competitor to LoopUp in North American and EMEA multinational accounts.

TypeBroad incumbent
Description

Orange Business provides global Teams telephony, SIP trunking, and unified communications to multinationals across EMEA, APAC, and the Americas. Its owned carrier footprint and global enterprise relationships compete directly with LoopUp's consolidation pitch.

TypeDirect peer
Description

8x8 is a cloud UCaaS and CCaaS provider that integrates with Microsoft Teams and targets mid-market and enterprise customers globally. It competes with LoopUp for Microsoft-aligned enterprise telephony and broader unified communications budgets.

TypeDirect peer
Description

RingCentral is a leading cloud communications platform offering voice, UC, and contact center, with Teams integration capabilities. It is a comparable cloud-native alternative for enterprises evaluating Microsoft-centric telephony consolidation.

TypeBroad incumbent
Description

Vonage, now part of Ericsson, offers cloud communications APIs and UCaaS, including Teams integrations for enterprise customers. It represents a larger, API-led alternative competing for cloud telephony and collaboration budgets.

TypeDirect peer
Description

IntelePeer is a cloud communications provider offering Teams-certified Operator Connect and Direct Routing services, with automation and AI features layered on top. It is a direct niche competitor targeting similar mid-market and enterprise UC customers.

TypeEmerging player
Description

Alianza provides cloud-based communications platforms for service providers and enterprises, including Teams Calling support. As a smaller cloud-native player, it competes in overlapping Microsoft-aligned telephony niches.

TypeBroad incumbent
Description

Sinch is a cloud communications provider offering voice, messaging, and SIP trunking to enterprises globally. Its enterprise voice and SIP offerings overlap with LoopUp's SIP Trunking and PSTN replacement products.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers4 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

Integration3 records

Each record includes

Title, Type, Description, Source

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles7 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries6 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance3 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds4 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors5 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A2 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

LoopUp

Cloud Telephony / Unified Communicationsloopup.com

LoopUp provides cloud-based Microsoft Teams telephony consolidation for multinational enterprises across 100+ countries, offering Operator Connect, Direct Routing, BYOC, and SIP Trunking managed through a unified global portal.

What LoopUp does

LoopUp is a UK-headquartered cloud communications provider that delivers Microsoft Teams telephony services to multinational enterprises across more than 100 countries. Founded in 2003 and listed on AIM in 2016 (subsequently delisted), the company has executed a strategic pivot away from legacy audio conferencing toward consolidating enterprise PSTN replacement onto the Microsoft Teams platform. Its core product suite includes Operator Connect (Microsoft-certified SBC-less connectivity), Direct Routing as a Service (DRaaS), Bring Your Own Carrier (BYOC), and SIP Trunking, all administered through a unified global management portal called LoopUp One.

The underlying technology leverages a private global IP/MPLS voice network with peerings to 20 tier-1 regional carriers for QoS-optimized routing. LoopUp holds Microsoft Solutions Partner status with Advanced Specialization in Calling for Microsoft Teams and is the top-ranked Operator Connect provider per Microsoft. The company operates six offices across the UK, US, Australia, Hong Kong, and historically Barbados, with localized sales presence in Germany, France, Spain, Sweden, Australia/NZ, and both Traditional and Simplified Chinese markets.

LoopUp generates revenue through recurring subscription-based telephony services priced per user/number, supplemented by professional services for design, deployment, and onboarding. The go-to-market is direct enterprise field sales targeting large multinational IT and finance decision-makers, with quote-based pricing tailored to geographic footprint and volume. The customer base is concentrated in enterprise multinationals across manufacturing, commercial real estate, staffing/recruitment, and consumer goods, with named logos including Thyssenkrupp, Avison Young, Allegis Group, and PUMA. The company is led by co-CEOs and co-founders Steve Flavell and Michael Hughes.

LoopUp firmographics

Firmographics
Name
LoopUp
Legal name
LoopUp Limited
Website
https://loopup.com
Company type
Public
Founded year
2003
Operating status
Operating
Headcount range
101–250 employees
Short description
LoopUp provides cloud-based Microsoft Teams telephony consolidation for multinational enterprises across 100+ countries, offering Operator Connect, Direct Routing, BYOC, and SIP Trunking managed through a unified global portal.
Ownership category
akta.pro rank

LoopUp industry classification

Industry
Product category
Cloud Telephony / Unified Communications
NAICS
Wired Telecommunications Carriers (517111), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)
SIC
Telephone Communications (No Radiotelephone) (4813), Communications Services, Nec (4899), Services-Telephone Interconnect Systems (7385)
akta.pro primary industry
Management & Automation for Switching (Provisioning/Telemetry) (HDAFAAAK)
akta.pro secondary industry
Collaboration Security for Chat & Messaging (Teams/Slack) (HDADAKAF)

Keywords

  • Cloud telephony services
  • Microsoft Teams telephony
  • Unified communications
  • PSTN replacement
  • Enterprise voice solutions

Where LoopUp is headquartered

Location

Headquarters

HQ city
London
HQ country
United Kingdom
HQ region
Europe

Offices7 records

Markets served

LoopUp business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Technology or R&D, Infrastructure, Personnel, Marketing or Sales, Operations

Revenue model

  1. Microsoft Teams Telephony Services: Subscription-based cloud telephony services providing PSTN replacement via Operator Connect and Direct Routing, including phone numbers and call management in 100+ countries. Revenue is generated through recurring subscription charges, likely per-user or per-number pricing.
  2. Professional Services: Design, deployment, and onboarding services for Teams Phone implementation, including call-flow design, policy configuration, third-party software integrations, and user device planning.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels7 records

LoopUp product offering

Product offering

Core offering

LoopUp provides cloud-based Microsoft Teams telephony as a single global PSTN replacement service for multinational enterprises, delivering phone numbers and calling capabilities in 100+ countries through Operator Connect and Direct Routing as a Service (DRaaS). The offering is managed centrally through the LoopUp One portal and includes design, deployment, and ongoing 24/7 multilingual support. It also offers Bring Your Own Carrier (BYOC), SIP Trunking, call recording, and contact centre integrations.

Product overview

LoopUp is a global cloud-based Microsoft Teams telephony provider offering a unified, single-partner solution for multinational enterprises. The core offering is Microsoft Teams Telephony — a PSTN replacement service providing phone numbers and full cloud-based calling in over 100 countries. This is delivered through multiple deployment methods: Operator Connect (Microsoft-certified direct routing), Direct Routing as a Service (DRaaS), and Bring Your Own Carrier (BYOC) for hybrid environments. Central to the offering is LoopUp One — the global management portal enabling centralized administration of all telephony numbers, users, reporting, and invoicing from a single interface. Additional products include SIP Trunking, Call Recording, and Contact Centre integrations. The portfolio also features GlobalPooling for spend optimization across global users. LoopUp positions itself as a 20-year-old telecommunications provider with deep voice solutions expertise, operating a premium global voice network leveraging 20 tier-1 carriers.

Differentiator

Problem solved

Functional benefit

Brands

  • LoopUp One: Global management portal for managing all global telephony numbers and users in one place with role and location-based access
  • GlobalPooling

Products and services

  • Microsoft Teams Telephony

Quantifiable outcome

  • Equipment savings by moving to the cloud, along with efficiencies and productivity gains
  • +2 more outcomes

Companies that use LoopUp

Customer profile

Named customers4 records

Segments2 records

Ideal customer profiles1 record

LoopUp technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration3 records

Feature5 records

LoopUp partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • MicrosoftcoreTechnology or IntegrationLoopUp is a certified Microsoft Solutions Partner for Modern Work with Advanced specialization in Calling for Microsoft Teams. The company is top-ranked Operator Connect provider and offers both Operator Connect and Direct Routing (DRaaS) integration with Microsoft Teams. This partnership enables LoopUp to provide PSTN connectivity via Microsoft's certified infrastructure, eliminating the need for on-premises SBCs for customers.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

LoopUp competitors and assessment

Company assessment

Broad incumbents

  • BT Global Services: BT is a major global carrier offering Teams-integrated telephony through Operator Connect and Direct Routing, competing for the same multinational enterprise consolidation mandates that LoopUp targets, with deeper owned network infrastructure.
  • Vodafone Business: Vodafone Business delivers global UC, SIP, and Teams telephony services to multinationals. As a top-tier Operator Connect provider with its own carrier network across Europe, Africa, and Asia, it is a direct competitor for LoopUp's multinational consolidation deals.
  • Verizon Business: Verizon offers Teams Calling via Operator Connect and broader managed communications for global enterprises. Its combination of owned network assets and large enterprise sales force makes it a key incumbent competitor to LoopUp in North American and EMEA multinational accounts.
  • Orange Business: Orange Business provides global Teams telephony, SIP trunking, and unified communications to multinationals across EMEA, APAC, and the Americas. Its owned carrier footprint and global enterprise relationships compete directly with LoopUp's consolidation pitch.
  • Vonage (Ericsson): Vonage, now part of Ericsson, offers cloud communications APIs and UCaaS, including Teams integrations for enterprise customers. It represents a larger, API-led alternative competing for cloud telephony and collaboration budgets.
  • Sinch: Sinch is a cloud communications provider offering voice, messaging, and SIP trunking to enterprises globally. Its enterprise voice and SIP offerings overlap with LoopUp's SIP Trunking and PSTN replacement products.

Direct peers

  • 8x8: 8x8 is a cloud UCaaS and CCaaS provider that integrates with Microsoft Teams and targets mid-market and enterprise customers globally. It competes with LoopUp for Microsoft-aligned enterprise telephony and broader unified communications budgets.
  • RingCentral: RingCentral is a leading cloud communications platform offering voice, UC, and contact center, with Teams integration capabilities. It is a comparable cloud-native alternative for enterprises evaluating Microsoft-centric telephony consolidation.
  • IntelePeer: IntelePeer is a cloud communications provider offering Teams-certified Operator Connect and Direct Routing services, with automation and AI features layered on top. It is a direct niche competitor targeting similar mid-market and enterprise UC customers.

Emerging players

  • Alianza: Alianza provides cloud-based communications platforms for service providers and enterprises, including Teams Calling support. As a smaller cloud-native player, it competes in overlapping Microsoft-aligned telephony niches.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

LoopUp social profiles

Digital presence

LoopUp compliance and trust

Trust signal

Compliance3 records

LoopUp financial estimates

Financial estimate

Revenue estimate

Valuation estimate

LoopUp leadership team

Management profile

Number of profiles

Profiles7 records

LoopUp subsidiaries and ownership

Company hierarchy

Subsidiaries6 records

LoopUp funding detail

Funding detail

Funding overview

Funding rounds4 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

LoopUp M&A and investment

M&A and investment

M&A2 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about LoopUp

What does LoopUp do?

LoopUp provides cloud-based Microsoft Teams telephony as a single global PSTN replacement service for multinational enterprises, delivering phone numbers and calling capabilities in 100+ countries through Operator Connect and Direct Routing as a Service (DRaaS). The offering is managed centrally through the LoopUp One portal and includes design, deployment, and ongoing 24/7 multilingual support. It also offers Bring Your Own Carrier (BYOC), SIP Trunking, call recording, and contact centre integrations.

Is LoopUp a public or private company?

LoopUp is a public company. It is classified as public and is currently operating.

When was LoopUp founded?

LoopUp was founded in 2003. It employs 101 to 250 people.

Where is LoopUp based?

LoopUp is headquartered in London, United Kingdom, in the Europe region.

How does LoopUp make money?

Two revenue lines are on record. Microsoft Teams Telephony Services are the primary driver. The others are professional Services.

Who are LoopUp's main competitors?

Broad incumbents on record are BT Global Services, Vodafone Business, Verizon Business, Orange Business, Vonage (Ericsson) and Sinch. Direct peers are 8x8, RingCentral and IntelePeer. Alianza is listed as an emerging player.

Does LoopUp have an API?

No public API is recorded for LoopUp.

What industry is LoopUp in?

LoopUp's product category is Cloud Telephony / Unified Communications. Its primary akta.pro industry code is HDAFAAAK, Management & Automation for Switching (Provisioning/Telemetry), with a secondary code of HDADAKAF, Collaboration Security for Chat & Messaging (Teams/Slack). Its NAICS code is 517111 and its SIC code is 4813.

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Live signals
TelecompaperDigicel, LoopUp to bring Microsoft Teams telephony to CaribbeanDigicel has partnered with LoopUp to introduce Microsoft Teams telephony in the Caribbean using LoopUp's Operator Connect platform. The service targets enterprise customers and will be available through Digicel's sales channels and business relationships.Intelligent CIODigicel and LoopUp launch Caribbean-wide Microsoft Teams Operator Connect service – Intelligent CIO LATAMLoopUp and Digicel have partnered to launch the Caribbean region's first Microsoft-certified Operator Connect service, enabling businesses to integrate enterprise telephony directly with Microsoft Teams across multiple markets. The strategic partnership combines LoopUp's cloud telephony platform with Digicel's extensive communications network throughout the Caribbean and Central America, allowing organizations to retire traditional PBX infrastructure and simplify management while lowering operating costs. The service became available to Digicel Business customers across the Caribbean from July 2026.Telecoms Tech NewsGeographically-bound telephony constrains global businessThe author argues that multinational businesses are constrained by legacy telephony providers like BT, AT&T, Verizon, and Gamma, whose geographically-bound infrastructure forces enterprises to manage multiple regional contracts with inconsistent pricing, service levels, and support. He contends that cloud-based, single-provider solutions offer a more efficient alternative with unified contracts, consistent tariffs, and streamlined operations. The author, who works at LoopUp, suggests that as CFOs demand cost control and CIOs seek agility, businesses are increasingly auditing their telecom estates and exploring consolidation with global providers.EIN PresswireLoopUp raises £12m equity on back of triple-digit growth in Teams telephonyLoopUp has successfully closed a £12 million equity funding round, secured from existing shareholders and new investors including 4Founders Capital, FJ Labs, and BTS Group. This capital raise follows the company's delisting from the London Stock Exchange and its achievement of triple-digit growth in revenue and customer metrics for 2023. The funds will support LoopUp's strategy to expand its multinational cloud telephony business integrated with Microsoft Teams.ProactiveinvestorsLoopUp raises £9mln to buy digital learning firm and step up investment in cloud telephonyLoopUp Group PLC announced it will acquire SyncRTC Inc, a hybrid collaboration software company, for an enterprise value of US$4.5 million, supported by a fundraising of £8.85 million. The acquisition, expected to complete around October 1, 2021, aims to enhance LoopUp's cloud telephony services following significant growth in customer contracts linked to its products integrated with Microsoft Teams. The move underscores LoopUp's strategy to leverage hybrid working trends post-pandemic.GlobeNewswireHer Majesty the Queen Honours LoopUp co-CEO Michael Hughes with MBELoopUp co-CEO Michael Hughes was appointed MBE for services to British graduates in Silicon Valley through his Silicon Valley Internship Programme. The programme has had 60 graduates since 2013 and is accepting 2017 applications. Hughes cofounded LoopUp in 2003.GlobeNewswireLoopUp Enhances Premium Remote Meetings SolutionLoopUp announced a new release of its premium remote meetings solution, featuring a streamlined interface and screen sharing from any device or browser. The company also debuted a new brand and allows users to sign up at loopup.com. The solution integrates with Outlook and is used by over 2,000 enterprises.Business InsiderA Shoreditch software startup that aims to take the pain out of conference calls has listed on the London Stock Exchange at a valuation of £40.8 millionLoopUp, a Shoreditch-based conference call software startup, listed on the London Stock Exchange's AIM market, raising £8.5 million at a £40.8 million valuation. Shares rose 10% to £1.10 after trading opened. The company will use the funds to grow, improve its product, and invest in sales and marketing.TechCrunchHey Silicon Valley, The British Are Coming (To Learn Your Startup Secrets)The Silicon Valley Internship Programme (SVIP) is launching in August, placing 15 U.K. computer science graduates with nine Silicon Valley startups for a year-long paid placement. Programme founder Michael Hughes, himself a startup co-founder, created SVIP to transplant Silicon Valley's entrepreneurial 'fail and move on' culture to the U.K., where he says there is greater tendency toward critique of ideas and difficulty recovering from failed ventures. The goal is for graduates to return to the U.K. with hands-on startup experience and potentially launch companies, with LoopUp (Hughes' company) and eight other startups including EdgeSpring, Nimble Storage, and Coffee Meets Bagel hosting the first cohort.